Gulf Arab states are poised to launch a common monetary council, the precursor to a regional central bank, in 2009, the head of the Gulf Co-operation Council (GCC) said in remarks published on Tuesday.
'We look forward to set up the mo

A feasibility study for a railway network between the six GCC countries is almost over, stated Abdulrahman Bin Hamad Al Attiyah, secretary-general of the Gulf Cooperation Council.
'Plans for the GCC railway project are well advanced an